Oil & Gas

Nigeria’s Economy Suffers as Aiteo Shuts Down 150,000 bpd Field Due to Oil Leak

Nigeria’s oil production faces disruption following the shutdown of the Nembe Creek oil field, responsible for approximately 150,000 barrels per day (bpd) of crude...

Singapore Receives First Low-Sulfur Fuel Oil Shipment from Nigeria’s Dangote Refinery

Singapore, Asia’s primary oil hub, is set to receive its first shipment of low-sulfur straight-run fuel (LSSR) oil from Nigeria’s newly built Dangote Refinery...

Weak European Demand Drives Dangote Refinery’s First Low-Sulfur Fuel Oil Shipment to Singapore

Dangote Refinery is poised to dispatch a shipment of low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore this week, marking its entry into...

Nigeria Expands Oil Block Opportunities to Investors

The Nigerian government, via the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has opened up all blocks from the 2022/23 bid round to investors as...

Nigeria’s NNPC to Launch Three Mini-LNG Projects in August

The Nigerian National Petroleum Company Limited (NNPC) announced plans to initiate three mini-Liquefied Natural Gas (LNG) projects in August 2024. NNPC’s Group Chief Executive...

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